View full page at forexfactory.com

 

Fed concerned about cutting rates too soon, minutes of January meeting show

From nasdaq.com

The bulk of policymakers at the U.S. Federal Reserve's last meeting were concerned about the risks of cutting interest rates too soon, with broad uncertainty about how long borrowing costs should remain at their current level, according to minutes of the Jan. 30-31 session. "Participants highlighted the uncertainty associated with how long a restrictive monetary policy stance would need to be maintained" to return inflation to the Fed's 2% target, the minutes said. Whereas "most participants noted the risks of moving too quickly to ease the stance of policy," only "a couple ... pointed to downside risks to the ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis